6039 Erin Mills Parkway, Mississauga, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Meadowvale Business Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Turnkey restaurant opportunity in a prime Mississauga location at 6039 Erin Mills Pkwy. This well-maintained space offers excellent exposure and steady foot traffic, ideal for operators looking to establish or expand their presence. The premises feature a fully equipped commercial kitchen, including a 16-foot exhaust hood, cooktop, fryers, prep tables, walk-in cooler, and walk-in freezer-ready to support a wide range of culinary concepts. The dining area accommodates approximately 30 seats, providing a comfortable and efficient layout for dine-in service. Please note the existing brand name is not included in the sale; however, the setup allows for an easy conversion to a different cuisine or concept. Attractive lease terms with rent at $8,000/month including TMI and HST, and approximately 6 years remaining on the lease. A fantastic opportunity for restaurateurs seeking a ready-to-go space in a high-visibility location.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 6039 Erin Mills Parkway 1B, Mississauga, ON L5N 0G5
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About Purchasing a Home in Mississauga, ON
For a property listed at $199,000 in Mississauga, the legal minimum down payment is $9,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,715 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,715.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.